Cyanogen Mod Raises $23 Million Funding All Set To Become Major Android Player
sfcrazy writes "The newly formed company has opened the next chapter of its history by bagging $23 million financing from A16Z (Andreessen Horowitz). CyanogenMod was recently incorporated as a company after getting Benchmark Capital and Redpoint Ventures as partners and raising $7 million in funding."
CyanogenMod, now with advertising.
I can't wait to see the advertising embedded in the O/S...
What do people that have contributed to the code base get? Who is getting money for this? I don't understand how you can go from an opensource project to a for-profit project.
"Chance favors the prepared mind." ~Me
I installed cyanogenmod on my Samsung Galaxy S3 and I've been pleasantly surprised by the changes (go thorough the screenshots that I've posted - they are all of my phone running CM 10.2) . The phone performs better in every way ( my only gripe is that HDR mode is missing from the camera ) :)
The installation might be a bit tricky ( since Google removed CynaogenMod installer from the Play Store ) . I downloaded the installer from the CM Site , ran the app, followed the instructions and then it installed CM 10.2 ( Android 4.3 ) on my GS3.
I hope with additional funding, CM can come pre-loaded on more devices - a lot of Android devices are being held back by their software. ( cartoonish TouchWiz and LG's even-more-cartoony skins are at the forefront here ). Not only is it aesthetically pleasing, it is more secure, gives more choices to the user and generally makes your phone a better phone.
I hope CM gets more funding and does a stellar job - there is not reason it shouldn't - CM team have already been doing a stellar job
So either CM goes to shit, full of advertising and scumware, like pretty much every other commercial OS, or they don't, founder, and fade away.
Either way, it was nice while it lasted, I suppose.
Just fork it
I love their mods, but the one thing that held me back years ago was the lack of umm... credibility. But for my higher-ups, it's an issue of liability/ accountability/ warranty.
But these days, I'd just get a Nexus - go straight to the Android source.
This is why a lot of us are buying the Faea F2S already - it's going native Cyanogenmod and fully open-source with factory assistance, now that Cyanogenmod and Faea have teamed up and released the F2S source code.
Given that something like the F2S only costs around $250 and has pretty much every feature that the current bleeding-edge phones have, it's going to be interesting to see how this affects the other phones on the market.
Mind you, emphasis on the bleeding there. It really is at the edge of technological development - and isn't the sort of phone you buy if you don't enjoy tinkering, frequent reboots and weekly flashing the firmware :)
GrpA
Enjoy science fiction? "Turing Evolved" - AI, Mecha, Androids and rail-gun battles. What more could you want?
In this day and age isn't that a drop in the ocean, especially when some competitors have up to 3 order of magnitude more cash?
to be a MAJOR player? Cano got $240M and the Yankees didn't want him.
If I'm reading this correctly - you stopped trusting Cyanogenmod because you apparently accidentally tried to use your Gmail credentials to log at the Cyanogenmod account login prompt? That's like accidentally putting in your Gmail login info at the Facebook login screen. Why would that make you trust CM less?
For anyone who's interested, here's a rundown on the Cyanogenmod account stuff:
http://www.cyanogenmod.org/blog/cyanogenmod-account
Make it yourself
If I'm reading this correctly
You're doing better than me - I read that three times and still have no clue what he's saying. And yes, I've installed CM a few times on various phones.
Three Squirrels
Yeah, that's pretty much just my best guess...
Of late I've been thinking that Android is probably the biggest security nightmare around.
Not because there's anything intrinsicly wrong with Android itself, but because (my guess) at least 50% of all Android phones will never see an update of any sort.
Regardless of how secure your device may have been out of the box, the first time that there's a security weakness you have to trust that a) Google will fix it in Android or b) The manufacturer will fix it in their modified version of Android, or c) The wireless carrier will fix it in their even more modified version of the manufacturer's modified version of Android.
Right now I'm running with a six month old Samsung phone. Running ICS! I am certain it will never get JB, much less KitKat, and I'm certain that it will never see any kind of security fixes. I think this is true for at least half of all phones out there today.
These are small computers used for social networking, banking, and all manner of highly important tasks. Tasks that involve highly personal information. How long will it be before we see a massive disaster when someone figures out how to game all of the ICS and older Android phones? Or the hundreds ir thousands of oddball Chinese variants over there?
Three Squirrels
If I'm reading this correctly
You're doing better than me - I read that three times and still have no clue what he's saying. And yes, I've installed CM a few times on various phones.
My bad, my grammar gets heck, yet try hard to make it presentable, then leave out the point, I guess figuring it's a given.
I block tracking, I've been at it so long it's second nature, the link given as a replay states "* We have no interest in selling your data", well I keep that to myself.
or try to.
Someone with $23M just gave their money to some open source circle-jerk that has no chance of making any money.
Tired of being "punished" by the Slashdot $rtbl since 2002. I'm now over at http://soylentnews.org/ .
I remember when Google threatened Acer with losing the Play Store and all Google app to stop Aliyun, claiming that the secret rules of the "Open" Handset Alliance prevented Acer from shipping Android forks.
http://arstechnica.com/gadgets/2013/10/googles-iron-grip-on-android-controlling-open-source-by-any-means-necessary/3
Anyone know if the same rules prohibit all the major OEMs from shipping CM or Jolla(which has Android app support via a third party Dalvik implementation) phones?
The major OEMs include Acer, Asus, Dell, Foxconn, Fujitsu, HTC, Huawei, Kyocera, Lenovo, LG, Motorola, NEC, Samsung, Sharp, Sony, Toshiba, and ZTE.
how did they get the cash?
Read the post above in the voice of Frank Reynolds, from It's Always Sunny. It makes more sense that way.
Many, probably most funding companies find a company with valuable assets. They fund with the intention of bankrupting and acquiring the assets in bankruptcy court. The easiest way to do this is to short the stock thought there are tricks to be played by buying up debt and demanding repayment, lawsuits, and other dirty tricks.
Funding corps have one mission, making money, not giving the customer a great OS; easy money is stripping a company of assets and quickly selling them, think Bain capitol.
Taking payout in appreciated stock or interest over time is for chumps.
Here is the deal as I see it yes I'm worried all of this money will erode the point of cynaogenmod (e.g. selling-out) yet when you look at it most of the value of cyanogen is bottled up in their amazing build platform which is open source and actively used by other competing mods. If cyanogen gets too far off the rails or is perceived as such it will be forked and that will be that.
Royalties from Android of course.
All I got out of it is that he was disturbed by CM asking him to use a CM account, with a big fat "Skip" on the screen so you don't have to. Then he says he didn't know you could do that at the time. I presume it's because he can't read, because Skip means skip.
"You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
Now that they've decided to become 'kept women' by investor money, forget about them being a continued source of freedom, rapidity, or actual innovation. Selling out to the 'man' means they will end up being just another awful corporatized Android skin chock-full of shovelware that can never be removed. Yay, greed.
From what I gathered it's more so that there even is a "Cyanogenmod Account" system in place. I've installed CM on multiple devices (daing back to my Droid Eris) and only fairly recently had this happen to me, I gotta say it makes me a bit skeptical about CM. The quality of the builds has been getting worse, which I attributed to just the devs not doing that well porting to whatever device I had moved to. Some features seemed to go missing, which I had no explanation for. Then I tried AOKP, and (aside from their unicorn fetish) it looks to me like that is basically everything CM should be doing but isn't. CM is trying to compete with Sense and TouchWiz but with much less bloated theming, this is not what I want.
You don't get to become a major player in the computer industry with a 23m headstart. Especially not in the mobile industry.
Ask HTC. And all the others who dropped out of Android because there was no money to be made. There are countless failed Motorolla, HTC, LG, Asus, Panasonic, Kyocera, Lenovo, HP, Sony, and then the asian brans we never hear of like ZTE and Huawei. Even Samsung has had a number of phenomenal failures until they managed to score a hit with the Galaxy.
The list is stupendous: http://en.wikipedia.org/wiki/Comparison_of_Android_devices
...is that Cyanogenmod aggressively obsoletes older phones.
I am on Page Plus Cellular. If you look at their phones for sale, everything is Gingerbread. They also don't allow 4G devices on their network without substantial neutering of the firmware. And while they accept most Verizon 3G devices on their network, they strongly suggest that you leave the Verizon firmware intact.
So I run a DINC, which Cyanogenmod long ago put out to pasture, Gingerbread only. Evervolv took it to Android 4.1, and some guy took the Evervolv kernel and jacked it into 4.2.2.
So I run a very reliable phone with recent software on a cheap network with phenomenal coverage. But there is no hope that Cyanogenmod will ever be offered by my vendor (Page Plus) for sale on their network, because Cyanogenmod nukes legacy devices from their source tree.
This is a phenomenally bad business decision. I do not expect them to be successful, and I am not planning to invest.
In a lot of countries, Android launched before Google Checkout. To reach users in those countries, developers had to price their apps at $0.00 and make up the balance with in-app advertisements.
In April 2010, Engadget stated: "the DROID Incredible is the best Android device that you can purchase in America right now."
Verizon is the largest network in the US.
Cyanogenmod is avoiding Verizon's MVNOs because they are supposedly blocking the CM10.1 that I am currently running.
This business model is doomed. You play the hand you're dealt with the people you have.
The first time that I used it, a (very!) convincing ad banner indicated that I had new voicemail.
It's hard to complain when I have unlimited free calls and texting, but I would really prefer more tasteful ads that were intelligently targetted.
There should be a button for all adware: PRESS IF YOU'D NEVER BUY THIS. That would save everybody a lot of grief.